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5826 Cloverly Avenue

Temple City, CA 91780
  • $1,650,000
  • STATUS: Active
  • ON SITE: 74 Days
  • ID#: OC24175560
UPDATED: 78 min ago
$1,650,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Qiang Zhang of Harvest Realty Development (626-593-7456)


Description

Heres a revised real estate description focusing on the investment opportunity:Prime Development Opportunity in Temple City! This property at 5826 Cloverly Avenue offers an exceptional chance to capitalize on an already approved 5-unit condo project. The plans are fully approved, allowing for the immediate construction of two-story condos with a total building area of 6,086 square feet. Each unit ranges from 1,180 to 1,332 square feet, featuring 2 parking spaces per unit and an additional 3 guest parking spaces within the complex. There is also ample street parking available.Located in a high-demand area next to Ralphs, this property is within walking distance to shopping centers, restaurants, and other local amenities, making it a highly desirable location for future residents.Whether you're looking to build and sell or add to your investment portfolio, this opportunity is ready to go. Permits are ready, and construction can begin upon the close of escrow. Dont miss out on this rare opportunity to develop in one of Temple City's most sought-after locations.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-06T08:28:44.933. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.
www.socalrealtyexpert.com/homes/154018728
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5826 Cloverly Avenue Temple City, CA 91780

  • Price: $1,650,000
  • Status: Active
  • On Site: 74 Days
  • Updated: 78 min ago
  • ID#: OC24175560
0
Beds
0
Baths
0
½ Baths
0.2
Acres
Neighborhood:
661 - Temple City
County:
Los Angeles
Area:
661 - Temple City
Property Description
Heres a revised real estate description focusing on the investment opportunity:Prime Development Opportunity in Temple City! This property at 5826 Cloverly Avenue offers an exceptional chance to capitalize on an already approved 5-unit condo project. The plans are fully approved, allowing for the immediate construction of two-story condos with a total building area of 6,086 square feet. Each unit ranges from 1,180 to 1,332 square feet, featuring 2 parking spaces per unit and an additional 3 guest parking spaces within the complex. There is also ample street parking available.Located in a high-demand area next to Ralphs, this property is within walking distance to shopping centers, restaurants, and other local amenities, making it a highly desirable location for future residents.Whether you're looking to build and sell or add to your investment portfolio, this opportunity is ready to go. Permits are ready, and construction can begin upon the close of escrow. Dont miss out on this rare opportunity to develop in one of Temple City's most sought-after locations.
Exterior Features

Lot Features 6-10 Units/Acre View None View YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street Lights Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Private Zoning TCR3YY



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-06T08:28:44.933. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.
 
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Robin McCann | EXIT Alliance Realty
43521 Rige Park Drive, Suite 201
Temecula CA, 92590
Listing Agent(s): Qiang Zhang of Harvest Realty Development (626-593-7456)